News Release - Issued by Dublin Shell to Sea - Monday, June 14th, 2010
LENIHAN ‘IN THE DARK’ ABOUT EFFECTS OF OIL AND GAS EXPLORATION
Dublin Shell to Sea has accused Minister of State Conor Lenihan of being “totally in the dark” about the effects of oil and gas exploration in Ireland following remarks he made today [Mon 14 June] while on the Kinsale gas platform.
Spokesperson Caoimhe Kerins said: “When Mr Lenihan says that finding oil and gas in Irish waters is ‘a good news story for Ireland, for the Exchequer,’ he seems to be confusing ‘good news’ with ‘extremely bad news’.”
“All gas and oil finds currently under exploration in Irish waters will represent a net loss to the Irish exchequer of many hundreds of billions of euro, thanks to notorious changes to the law made by Mr Lenihan’s predecessors, Ray Burke and Bertie Ahern, in the 1980s and 1990s.”